If a Life Insurance Company Offers Coverage Regardless of Age

question 78

Multiple Choice

If a life insurance company offers coverage regardless of age, health status, or smoking history, it is likely to suffer

• A) moral hazard problems.
• B) adverse selection problems.
• C) lower costs.
• D) low demand for its product.

---

Definitions:

Cultural Feminism

A branch of feminism focusing on the difference between women and men and valuing women's unique contributions and experiences in society.

Cognitive Ability

Refers to the mental capacity for processing information, applying knowledge, and solving problems.

Similar

Having a resemblance in appearance, character, or quantity, without being identical.

Dissimilar

Lacking similarity or being distinctly different in nature, form, or quality.